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That's the "definition" of a decentralized bitcoin exchange, not an explanation, which means I already knew all that even before I clicked through the link. a d
by cocktailpeanuts 9y ago
That's the "definition" of a decentralized bitcoin exchange, not an explanation, which means I already knew all that even before I clicked through the link. a decentralized bitcoin exchange is not a novel concept, anyone would have thought of the concept itself (you just need to take "bitcoin exchange" and think "what if it was decentralized?") and anyone could claim to have solved the problem, but what really matters is execution. None of that is in the video as well as on the website itself, almost feels like they're hiding behind their "white paper" just like a lot of academics write their dissertation in intentionally hard-to-understand manner so they won't get criticized easily.
It also doesn't help they have that immature quote "To change something, build a model that makes the existing model obsolete" as their tagline, which has nothing to do with the hypothetical value they claim to provide.